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Property profile & analytics
OFF-MARKET
Estimated value
$9,085,000
Day care centers
16687 Jog Rd Delray Beach, FL 33446-2381
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-0354643
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2000
Construction
CONCRETE
Total area
16,808 SF
Lot
4.37 ac (190,453 SF)
Zoning code
RTS
APN
00-42-46-27-00-000-7200
UPID
US18-0354643
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Get Ready, Set, Grow Academy Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.46M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.07M
Blend (final)
Blend
$9.09M
Owner & transaction history
Freeport Delray Xxiv LLC · 2 yrs held
Freeport Delray Xxiv LLC
since 2023
Last sale
$9.3M
6 recorded transactions
Zoning & alternative use
RTS · Delray Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$15.0M
+88.1%
Commercial (general)
$12.2M
+53.1%
Restaurant
$11.6M
+46.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Delray Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delray Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$8,290,000
ML approach
$8,455,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$7,950,000
Current use
RETAIL STORES
$14,950,000
Change: +88% · Conversion: Difficult
COMMERCIAL (GENERAL)
$12,170,000
Change: +53% · Conversion: Difficult
RESTAURANT
$11,600,000
Change: +46% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$11,525,000
Change: +45% · Conversion: Difficult
AUTO REPAIR, GARAGE
$8,300,000
Change: +4% · Conversion: Difficult
OFFICE BUILDING
$7,910,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$9.09M
Range $8.18M – $9.99M · ±10% · vs last sale $9.30M (Dec 8 2023)
Last sale anchor
$9.30M
Dec 8 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$541 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,222
Tax year 2023
Assessed value
$6,690,117
Assessed 2023
Previous assessed
$5,088,465
+31.5% YoY
Effective rate
0.06%
On assessed value
Assessed land
$3,047,264
Assessed improvement
$3,642,853
Land market value
$3,047,264
Improvement market value
$3,642,853
Total market value
$6,690,117
Applied tax rate
355.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2000
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
16,808 SF
Lot
4.37 ac (190,453 SF)
Zoning code
RTS
APN
00-42-46-27-00-000-7200
UPID
US18-0354643
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
RTS · Delray Beach, FLZoning RTS · permitted uses
RTS · Delray Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$8.0M
RETAIL STORES
Est. value
$15.0M
COMMERCIAL (GENERAL)
Est. value
$12.2M
RESTAURANT
Est. value
$11.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$11.5M
AUTO REPAIR, GARAGE
Est. value
$8.3M
OFFICE BUILDING
Est. value
$7.9M
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
RETAIL STORES
COMMERCIAL (GENERAL)
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
4.37 ac
Current owner
From public records · entity-resolved
Freeport Delray Xxiv LLC
Entity
Mailing address
401 E LAS OLAS BLVD STE #130, FT LAUDERDALE, FL 33301-2477
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2023
$9,300,000
Freeport Delray Xxiv LLC
Ealc Investments LLC
Special Warranty Deed
$6,045,000 · Synovus Bank
May 22, 2017
—
Ealc Investments LLC
—
Deed
related
$2,500,000 · Wells Fargo Bk
Jan 13, 2014
$1,676,000
Ealc Investments LLC
Grsg Holdings LLC
Special Warranty Deed
$2,612,500 · Capital Bank NA
Aug 13, 2007
$7,500,000
Grsg Holdings LLC
Get Ready Set Grow Preschool I
Grant Deed
$4,375,000 · First Republic Bank
Sep 4, 1998
$400,000
Get Ready Set Grow Preschool
Carr,james W
Grant Deed
$300,000 · Palm Beach National Bank
—
—
Ealc Investments LLC
—
Deed Of Trust
related
$2,500,000 · Wells Fargo Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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